Backstageplay Announces Non-Brokered Share Private Placement
Backstageplay (TSXV: BP.H) has announced a non-brokered private placement offering of up to 2,500,000 common shares at $0.08 per share, aiming to raise gross proceeds of $200,000. The shares will have a four-month and one-day statutory hold period from closing. The company may pay finder's fees within TSX Venture Exchange policy limits. The proceeds will be used for general corporate working capital. The offering's closing is subject to corporate and regulatory approvals.
Backstageplay (TSXV: BP.H) ha annunciato un'offerta di collocamento privato non mediato di fino a 2.500.000 azioni ordinarie a $0,08 per azione, con l'obiettivo di raccogliere un'importo lordo di $200.000. Le azioni avranno un periodo di blocco statutario di quattro mesi e un giorno dalla chiusura. L'azienda potrebbe pagare commissioni ai procacciatori entro i limiti delle politiche della Borsa di Vancouver. I proventi saranno utilizzati per il capitale di lavoro aziendale generale. La chiusura dell'offerta è soggetta ad approvazioni aziendali e regolatorie.
Backstageplay (TSXV: BP.H) ha anunciado una oferta de colocación privada no mediada de hasta 2,500,000 acciones ordinarias a $0.08 por acción, con el objetivo de recaudar un total bruto de $200,000. Las acciones tendrán un período de retención legal de cuatro meses y un día a partir del cierre. La compañía puede pagar honorarios de intermediarios dentro de los límites de políticas de la Bolsa de Vancouver. Los ingresos se utilizarán para el capital de trabajo corporativo general. El cierre de la oferta está sujeto a aprobaciones corporativas y regulatorias.
Backstageplay (TSXV: BP.H)는 중개인 없이 최대 2,500,000주의 보통주를 주당 $0.08에 제공하는 사모 배정을 발표하였으며, 총액 $200,000을 모금할 계획입니다. 주식은 마감 후 4개월 1일의 법적 보유 기간이 있습니다. 회사는 TSX 벤처 거래소 정책 한도 내에서 중개 수수료를 지불할 수 있습니다. 수익금은 기업 운영 자본으로 사용될 것입니다. 이 제안의 마감은 기업 및 규제 승인을 조건으로 합니다.
Backstageplay (TSXV: BP.H) a annoncé une offre de placement privé non médiée de jusqu'à 2,500,000 actions ordinaires à 0,08 $ par action, visant à lever un montant brut de 200,000 $. Les actions auront une période de blocage statutaire de quatre mois et un jour à compter de la clôture. La société pourrait verser des frais de présentation dans les limites des politiques de la Bourse de Vancouver. Les fonds seront utilisés pour le capital de fonctionnement général de l'entreprise. La clôture de l'offre est soumise à des approbations d'entreprise et réglementaires.
Backstageplay (TSXV: BP.H) hat eine nicht vermittelte Privatplatzierung von bis zu 2.500.000 Stammaktien zu je $0,08 pro Aktie angekündigt, mit dem Ziel, einen Bruttobetrag von $200.000 zu erzielen. Die Aktien unterliegen einer gesetzlichen Haltefrist von vier Monaten und einem Tag ab Abschluss. Das Unternehmen kann innerhalb der Grenzen der Richtlinien der TSX Venture Exchange Findergebühren zahlen. Die Erlöse werden für das allgemeine Unternehmensworkingcapital verwendet. Der Abschluss des Angebots steht unter dem Vorbehalt von Unternehmens- und regulatorischen Genehmigungen.
- Raising $200,000 in additional capital
- Strengthening working capital position
- Potential shareholder dilution through issuance of 2.5 million new shares
- Share price set at $0.08 indicates relatively low valuation
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2024) - Backstageplay Inc. (TSXV: BP.H) (the "Company") is pleased to announce a non-brokered private placement of shares (the "Offering") where the Company intends to issue up to 2,500,000 common shares (the "Shares") at a price of
The Company may pay a finder's fee on the Offering within the maximum amount permitted by the policies of the TSX Venture Exchange (the "Exchange"). The closing is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals.
The total proceeds from the Offering will be used for general corporate working capital.
For further information please contact:
Sean Hodgins, CFO (778) 318-1514
Scott White, CEO (416) 704-6611
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, including statements regarding the closing of the non-brokered financing, the proposed use of funds, expectation of multiple closings of the private placement, are "forward-looking statements".
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/230741
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